Michael Ecke is a mortgage professional - NMLS # 1439805, entrepreneur, businessman, and founder of Prosperment. As a current employee of a Fortune 50 company, Michael is dedicated to ensuring the utmost attention to detail and quality control. Michael provides executive oversight and direction to Prosperment and its sister companies. Michael brings to his position the business foresight and acumen required as Prosperment continues its remarkable growth.
Listen I get it, investing can be a confusing and intimidating beast to get involved with. The end result or future payoff is well worth it, but new investors usually lack the know how and support to make intelligent investing decisions. Newer investors may have a hard time paying expensive commission fees or to be able to afford a full share of stock (1 Share of Amazon currently is over $1,850). These obstacles were enough for many web and app solutions to be created.
Below, Prosperment has given an overview of how 7 popular investing & savings apps work and their costs. Check them out and start investing today.
Stash Invest - Join millions of Americans on Stash. Start with just $5 and learn as you go. Unlike many investing platforms, Stash offers fractional shares that let you invest how you want, no matter the share price. That means you only need $5 to invest in well-known stocks (Amazon, Apple, Alphabet, etc.) and exchange-traded funds—themes that can help you build a balanced portfolio based on your beliefs. Finally, Auto-Stash lets you automate investing and saving so you can build wealth for the long run.
Stash Promotion - Get $5 for Joining Stash Invest
Betterment - The new, better way to invest is here.
Betterment is an online financial advisor (Robo Advisor) with one purpose: to help you make the most of your money. Betterment takes proven investment strategies and uses modern, intuitive technology to give them to all investors. Betterment serves one purpose: to help you make the most of your money, so you can live better.
Betterment makes tailored recommendations on decisions like how much to invest and how much risk to take on in your portfolio. Then, they invest your money in a globally diversified portfolio of low-cost ETFs and help lower taxes in ways many traditional investment services can’t match.
Betterment Promotion - Get 90 days managed free when you invest smarter with Betterment
Acorns - Invest spare change automatically into more than 7,000 stocks and bonds! Then sit back, stick with it and watch it grow over time. With Acorns, it's easy, fast and secure to invest and save regularly in the background of life. Join over 3,000,000 people and grow your oak!
Acorns Promotion - Get $5 for Joining Acorns
Robinhood - Invest for Free!
Join Robinhood for Free!
Digit - Save money, pay off debt, and achieve your financial goals without thinking about it. Join the finance revolution that's saved users $1 Billion and paid them $1 Million in bonuses. Digit is the smart money sidekick that keeps you financially healthy. Every day, Digit analyzes your spending and moves the perfect amount of money from your bank account to your Digit account.
Digit Promotion - Try Digit Free for 30 Days
Stocks - The Stocks app lets you keep track of stocks on the major exchanges, see price changes, and get the latest news about companies you’re following.
• Switch between price change, market capitalization, and percentage change for any stock by tapping the values on the right side of the screen.
• See a summary, chart, or news for each company by swiping through the information below the list of stocks. Simply tap a news headline to read the article in Safari.
• Touch the chart with one finger to see the value for a specific date or time. Or touch the chart with two fingers to view the difference in value over time.
• You can also see your stocks in the Today view of Notification Center, and keep your stock list up to date across all of your iOS devices using iCloud.
• On some iPhone models, you can use landscape orientation to see your stock list with news, or with the summary and chart at the same time. Tap the chart to expand it to full-screen view, and swipe left or right to see your other stock charts.
This app is only available on the App Store for iOS devices.
Wealthfront - Financial planning and investing with Wealthfront couldn’t be easier: they do it for you, without the high fees. That’s because Wealthfront uses technology to deliver the most comprehensive automated planning solution, powered by sophisticated, time-tested investment strategies developed by their world-class research team.
Wealthfront thinks you deserve a better way to experience financial planning. So they developed Path, the most comprehensive automated financial planning and investing solution, to serve as your personal road map to financial freedom.
You can set up Path in minutes and start building towards your future, understanding instantly how much you should save now for the lifestyle you want down the road. And if you have kids, Path helps you start planning for college today so you can begin saving for those high costs right away.
Get an edge with PassivePlus®
Wealthfront believes in passive investing, which means maintaining a diversified portfolio of index funds and having the patience to stay the course. But they also believe everyone deserves access to sophisticated financial features. So they developed PassivePlus, which is Wealthfront's signature suite of investment features designed to give you more returns without more risk, with no additional fees. That’s right - the net benefit goes right back to you.
The sooner you start, the closer you’ll be to reaching your goals.
Open Wealthfront Account Today!
Thank you for reading today, as always - Read. Learn. Invest. Grow.